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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago on . Most recent reply

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Nathan Vaught
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BRRRR strategy using leverage

Nathan Vaught
Posted

If you are leveraging a BRRRR deal. Is it possible that the amount you receive from the bank when you refinance would not be enough to pay off your private lender? How are you suppose to pay off your private lender while using the BRRRR strategy.

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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
Replied

@Nathan Vaught

You're going to need equity in the property so you can. I've never gotten all my capital out of a BRRR deal but I get the bulk of it out.

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